EPFO To Raise Investment Limit In Equities To 25% For Higher-Salaried Class

Posted By:
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    For those falling in the higher salary bracket, the provident fund body EPFO is mulling over a proposal to raise the investment limit in equity to 25% against the current 15%. Of the total contribution in PF, 15% is diverted towards equity and the rest in debt given the current outperformance of the equity markets and hence to lap up higher gains.

    Nonetheless, for those earning low income, the earlier provision for equity investment shall continue to be followed.

    Time and again the investment portfolio of the EPF portfolio is being re-jigged as investors seek better returns than debt instruments which offer lower returns.

    It shall also be a move to make the returns at par with the NPS which allows investment of a maximum of 50% into equities.

    The equity kitty of EPF began with investment into ETFs which at first attracted only 5% of the subscriber's contribution to EPF which now has been moved higher to 15%.

    Goodreturns.in

    Read more about: epfo epf equity etfs
    Story first published: Friday, February 16, 2018, 11:40 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more